Quipt Home Medical Corp (QIPT) Stock Split History

Quipt Home Medical Corp has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on December 31, 2018 with the ratio of 1-for-5, meaning that for 5 shares of QIPT owned pre-split, shareholders then owned 1 share. The most recent stock split took place on May 13, 2021 on a 1-for-4 basis.

These actions have increased QIPT stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Quipt Home Medical Corp's total market capitalization.

For more detailed information of Quipt Home Medical Corp's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Quipt Home Medical Corp has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when QIPT stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Quipt Home Medical Corp's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.